Cathedral Water Company
- Assets
- $179.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paonia, CO
- Founding
- 09/1964
- Data as of
- 11/2022
- EIN
- 84-0520451
Organization Overview
Cathedral Water Company is located in Paonia, CO. The organization was established in 1964. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cathedral Water Company is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 11/2022, Cathedral Water Company generated $82.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $66.1k during the year ending 11/2022. While expenses have increased by 9.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DELIVERED WATER TO 73 MEMBERS OF THE WATER COMPANY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Bliss VP | 10 | $0 | |
Gary Peebles Treas | 1 | $0 | |
Cody Neff Director | 1 | $0 | |
Brad Hart Pres | 10 | $0 | |
Jason Wrich Director | 1 | $0 | |
Marvin Jackson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $82,699 |
| Investment income | $75 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,774 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,269 |
| Professional fees and other payments to independent contractors | $15,280 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,582 |
| Total expenses | $66,131 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,793 |
| Other assets | $0 |
| Total assets | $179,750 |
| Total liabilities | $507 |
| Net assets or fund balances | $179,243 |
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